Spartech Corp.

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Press Release $SEH Spartech Corp.

0 COMMENTs 13 Feb
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SPARTECH ANNOUNCES SPECIAL MEETING OF STOCKHOLDERS TO VOTE FOR THE PROPOSED MERGER TRANSACTION WITH POLYONE


FOR IMMEDIATE RELEASE

  SPARTECH ANNOUNCES SPECIAL MEETING OF STOCKHOLDERS TO VOTE FOR THE PROPOSED
                        MERGER TRANSACTION WITH POLYONE
                       _________________________________

ST. LOUIS, February 13, 2013 - Spartech Corporation (NYSE:SEH), a leading
producer of plastic sheet, compounds, and packaging solutions, announced today
that it has set the meeting date for the special meeting of its stockholders at
which the stockholders of Spartech will be asked to approve the previously
announced merger of Spartech and PolyOne Corporation.

The special meeting will be held on Tuesday, March 12, 2013 at 10:00 a.m., local
time, at the Spartech Technology Center, 11650 Lakeside Crossing Court, Maryland
Heights, Missouri 63146.  Only Spartech stockholders of record as of the close
of business on February 1, 2013 will be permitted to vote at the special meeting
and any adjournment or postponement thereof.

Upon successful completion of the merger, Spartech stockholders will be entitled
to receive in exchange for each share of Spartech common stock held immediately
prior to the merger:  (1) $2.67 in cash, without interest, and (2) 0.3167 of a
PolyOne common share.  Based on the closing price of PolyOne's common stock on
February 7, 2013, in exchange for each share of Spartech common stock owned,
Spartech stockholders would be entitled to receive approximately $9.94 per
share, comprised of: (1) $2.67 per share in cash; and (2) 0.3167 of a PolyOne
common share, having a value of approximately $7.27.  On February 7, 2013, the
closing price of PolyOne's common stock was $22.94 and the closing price of
Spartech's common stock was $9.87.

The Spartech board of directors unanimously recommends that Spartech
stockholders vote to approve the merger.  Each stockholder's vote is very
important, regardless of the number of shares owned.  Stockholders should be
aware that not voting at the special meeting will have the same effect as a vote
against the proposal to approve the merger.

Spartech Stockholders who need assistance in voting their shares or who have
questions regarding Spartech's special meeting may contact Spartech's proxy
solicitor, Georgeson Inc. at (800) 733-6198 (toll-free), (212) 440-9800 (banks
and brokers), spartech@georgeson.com (email) or write to Georgeson Inc., 199
Water Street - 26(th) Floor, New York, NY 10038.

On February 11, 2013, the U.S. Securities and Exchange Commission declared
effective PolyOne's registration statement on Form S-4, which included a
prospectus of PolyOne for the shares of PolyOne common stock to be issued in the
merger and a proxy statement of Spartech for the special meeting.  Mailing of
the proxy statement/prospectus for the special meeting to Spartech stockholders
of record began on February 11, 2013.  The proxy statement/prospectus contains
important information regarding the proposed merger transaction, and Spartech
stockholders are urged to read it carefully.  The proxy statement/prospectus is
also available online at the SEC's website, www.sec.gov, from Spartech at its
website, www.spartech.com, or 120 S. Central Avenue, Suite 1700, Clayton, MO
63105, Attention: Corporate Secretary, or from PolyOne at its website,
www.polyone.com, or 33587 Walker Road, Avon Lake, Ohio 44012, Attention:
Corporate Secretary.

Cautionary Statements Concerning Forward-Looking Statements

Statements in this Form 8-K that are not purely historical, including statements
that express Spartech's belief, anticipation or expectation about future events,
are forward-looking statements. "Forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995 relate to future events
and expectations and include statements containing such words as "anticipates,"
"believes," "estimates," "expects," "would," "should," "will," "will likely
result," "forecast," "outlook," "projects," and similar expressions. Forward-
looking statements are based on management's current expectations and include
known and unknown risks, uncertainties and other factors, many of which
management is unable to predict or control, that may cause actual results,
performance or achievements to differ materially from those expressed or implied
in the forward-looking statements. Important factors that could cause actual
results to differ from our forward-looking statements are as follows:

 a) The possibility that Spartech may be unable to obtain shareholder approval
    or that the companies may be unable to obtain other approvals required for
    the transaction or satisfy the other conditions to closing;

 b) That problems may arise in the integration of the
    businesses of the two companies;

 c) The acquisition may involve
    unexpected costs

 d) Adverse changes in economic or industry conditions, including global supply
    and demand conditions and prices for products of the types we produce;

 e) Restrictions imposed on us by instruments governing our indebtedness, the
    possible inability to comply with requirements and covenants of those
    instruments and inability to access capital markets;

 f) Our ability to compete effectively on product performance, quality, price,
    availability, product development, and customer service;

 g) Adverse changes in the markets we serve, including the packaging,
    transportation, building and construction, recreation and leisure, and
    other markets, some of which tend to be cyclical;

 h) Volatility of prices and availability of supply of energy and raw materials
    that are critical to the manufacture of our products, particularly plastic
    resins derived from oil and natural gas, including future impacts of
    natural disasters;

 i) Our inability to manage or pass through to customers an adequate level of
    increases in the costs of materials, freight, utilities, or other
    conversion costs;

 j) Our inability to achieve and sustain the level of cost savings,
    productivity improvements, gross margin enhancements, growth or other
    benefits anticipated from our improvement initiatives;

 k) Our inability to collect all or a portion of our receivables
    with large customers or a number of customers;

 l) Loss of business with a limited number of customers that represent
    a significant percentage of our revenues;

 m) Significant changes in or termination of major
    contracts with customers or suppliers;

 n) Possible asset
    impairments;

 o) Our inability to predict accurately the costs to be incurred, time taken to
    complete, operating disruptions therefrom, potential loss of business or
    savings to be achieved in connection with announced production plant
    consolidations and line moves;

 p) Adverse findings in significant legal or environmental proceedings or our
    inability to comply with applicable environmental laws and regulations;

 q) Our inability to develop and launch new
    products successfully;

 r) Possible weaknesses in
    internal controls; and



We assume no responsibility to update our forward-looking statements.




Additional Information

In connection with the proposed merger transaction, PolyOne filed with the SEC
and the SEC has declared effective a registration statement on Form S-4 (File
No. 333-185533) that includes a proxy statement of Spartech and a prospectus of
PolyOne.  The definitive proxy statement/prospectus has been sent to the
stockholders of Spartech and PolyOne.  SPARTECH STOCKHOLDERS ARE ENCOURAGED TO
READ THE REGISTRATION STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS) AND
ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, INCLUDING THE PROXY
STATEMENT/PROSPECTUS, BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE
PROPOSED MERGER. Investors and security holders are able to obtain the documents
free of charge at the SEC's website, www.sec.gov, from Spartech at its website,
www.spartech.com, or 120 S. Central Avenue, Suite 1700, Clayton, MO 63105,
Attention: Corporate Secretary, or from PolyOne at its website, www.polyone.com,
or 33587 Walker Road, Avon Lake, Ohio 44012, Attention: Corporate Secretary.

Participants in Solicitation

Spartech and PolyOne and their respective directors and executive officers may
be deemed to be participants in the solicitation of proxies in respect of the
proposed merger.  Information concerning Spartech's participants is set forth in
the proxy statement, dated January 24, 2012, for Spartech's 2012 Annual Meeting
of Stockholders as filed with the SEC on Schedule 14A and Spartech's current
report on Form 8-K, as filed with the SEC on March 16, 2012.  Information
concerning PolyOne's participants is set forth in the proxy statement, dated
March 23, 2012, for PolyOne's 2012 Annual Meeting of Stockholders as filed with
the SEC on Schedule 14A and PolyOne's current reports on Form 8-K, as filed with
the SEC on May 11, 2012 and September 25, 2012.  Additional information
regarding the interests of participants of PolyOne and Spartech in the
solicitation of proxies in respect of the proposed merger is included in the
definitive registration statement and proxy statement/prospectus filed with the
SEC. This communication does not constitute an offer to sell or the solicitation
of an offer to buy any securities, nor shall there be any sale of securities in
any jurisdiction in which such offer, solicitation, or sale would be unlawful
prior to registration or qualification under the securities laws of any such
jurisdiction.

About Spartech

With annual revenues of approximately $1.1 billion, Spartech is a leading
producer of plastic products including polymeric compounds, concentrates, custom
extruded sheet and rollstock products and packaging solutions for a wide
spectrum of customers. Spartech's three business segments, which operate in the
United States, Mexico, Canada, and France, annually process approximately one
billion pounds of plastic resins, specialty plastic alloys, and color and
specialty compounds. Additional information can be found at www.spartech.com.


About PolyOne

PolyOne Corporation, with 2012 revenues of $3.0 billion, is a premier provider
of specialized polymer materials, services and solutions. The company is
dedicated to serving customers in diverse industries around the globe, by
creating value through collaboration, innovation and an unwavering commitment to
excellence. Guided by its Core Values, Sustainability Promise and No Surprises
Pledge (SM), PolyOne is committed to its customers, employees, communities and
shareholders through ethical, sustainable and fiscally responsible principles.

Company Contacts:


 Victoria M. Holt                   Randy C. Martin

 President and Chief Executive      Executive Vice President and Chief
 Officer                           Financial Officer

 (314) 721-4242                     (314) 721-4242




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
    other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
     originality of the information contained therein.

Source: Spartech Corporation via Thomson Reuters ONE
[HUG#1678095]



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